Tag: John Kenneth Galbraith

Should Rob Ford Be Mayor?

Mayor Rob Ford of Toronto is likely the most well known politician in Canada. Conceivably the most well known ever.  Everyone, everywhere has heard someone make fun of Rob Ford. It is easy to do because he creates the material.   Probably not on purpose.… Continue Reading “Should Rob Ford Be Mayor?”

In Economics, What Is “The Bezzle?”

John Kay writing in the Financial Times, 22 October 2003 pointed out an interesting condition described by Economist John Kenneth Galbraith.  The Bezzle.  A tiny “embezzle” I suppose. “John Kenneth Galbraith’s greatest contribution to economics is the concept of the bezzle, that increment to… Continue Reading “In Economics, What Is “The Bezzle?””

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